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FDIC
First FarmBank: Protecting Your Money
In uncertain times as these it is natural for you to have questions about your money. You may even want to seek reassurance that your money is safe. We at First FarmBank want to make sure that you have access to the tools and resources you need to understand how FDIC insurance works.
First FarmBank is a member of the Federal Deposit Insurance Corporation (FDIC).
- The Federal Deposit Insurance Corporation (FDIC) was created in 1933 to provide insurance protection for depositors of failed banks and to help maintain sound conditions in the nation's banking system.
- The FDIC is an independent agency of the U.S. Government. Since its inception, the FDIC has responded to thousands of bank failures. All insured deposits of failed banks and thrifts have been protected by the FDIC.
- The FDIC has launched a tool designed to help consumers learn about the benefits and limitations of deposit insurance. Visit https://www.fdic.gov/edie to find how insurance limits apply to your deposit accounts.